Cement News tagged: Corporate
PIC blocked in move to redeem Afrisam debt, take control
The Public Investment Corp’s (PIC) bid to redeem debt in Afrisam Ltd has been temporarily stopped by the Pretoria High Court
Parekh Joins Lafarge’s International Advisory Board
The Housing Development Finance Corporation (HDFC) chairman Deepak Parekh has joined the
JK Lakshmi Cement 2Q net profit up
Spurred by higher sales volume, JK Lakshmi Cement today reported 12.67 per cent rise in net profit at
Fitch revises Rain Cement’s outlook to stable
Fitch Ratings has revised India-based Rain Cements Limited’s (RCL) Outlook to Stable from Negative.
Indocement Jan-Sep net profit up 8.8%
PT Indocement Tunggal Prakarsa Monday reported that its net profit rose 8.8% to IDR2.59trn (US$293m)
ACC 3Q consolidated net profit INR1.59bn
ACC Ltd Tuesday said consolidated net profit for the fiscal third quarter rose 84% due to higher sales.
Huaxin Cement 3Q net profit soars, China
Huaxin Cement Co Ltd, a Hubei Province-based cement manufacturer, saw its net profit in the third quarter
Tasek Corp earnings down on low volumes, Malaysia
Malaysian Cement maker Tasek Corp Bhd’s net profit dropped 32.9% to MYR22.10m (US$7m) in the third
Tarmac Ltd back in profit after European business sales
Tarmac Ltd has reported a GPB75m (EUR85m) pre-tax profit for 2010 after the sale of its European businesses.
Cimpor eyeing stake in Tamil Nadu company??
Cimpor is looking to pick up a strategic 51% stake in Rajapalayam, Tamil Nadu-based Sree Jayajothi
Raysut profits down 38.5%? on competition, Oman
Raysut Cement saw profits fall 38.5% for the first nine months of this year compared to the same period last year.
Shanshui Cement inks strategic team-up deal, China
China Shanshui Cement said its wholly- owned subsidiary Shandong Shanshui Cement entered into a
Egypt’s Misr Cement Qena net falls 16 per cent
Egypt’s Misr Cement Qena said on Sunday its nine-month net profit fell 16 per cent from a year earlier.
GP Goenka may Sell Stake in Andhra Cements
Kolkata-based industrialist GP Goenka is close to selling his controlling stake in debt-ridden Andhra Cements to the Dalmia group
Dalmia in talks to acquire new cement plants, India
Cement maker Dalmia Bharat Enterprises is in talks to acquire newly built cement plants to expand in a
Industry appointment – new MPA board member, UK
Simon Vivian, chief executive of Breedon Aggregates Ltd – the largest independent aggregates company